By creating its own payment platform, Aurionpro has increased its presence in the payment industry.
Aurionpro is set to extend its footprints in the payments sector, thanks to its FinTech experience and insights. It has established Aurionpro Payment Solutions Pte. Ltd as its worldwide headquarters in Singapore, as well as a subsidiary business in India, for this purpose.
Aurionpro Payments is pleased to introduce “AuroPay,” a cutting-edge payment platform that will provide safe and secure online payment services. This platform will provide merchant organisations with gateway services and will serve as a one-stop-shop for a variety of payment-related services. B2C and B2B prospects will be the primary emphasis of the platform.
Balkrishna (Bal) Pangam, who will be headquartered in Singapore, has been appointed as the new venture’s CEO. Bal has worked in various leadership roles with global payment organisations such as American Express and Visa, including managing merchant partnerships, transaction processing, the CyberSource E-Commerce business, and Regional, Global Acquiring payment processors for the Asia-Pacific region, for more than 25 years.
Mr. Paresh Zaveri, CMD – Aurionpro, said that “We have been working on transforming Aurionpro into a strong, fast-growing, and nimble organization for sustainable growth ahead. We are very proud to announce the launch of “AuroPay”. This platform will be the cornerstone of our future planned offerings around B2C, B2B, and Transit solutions. Launching of “AuroPay”, & embedding this capability in our various product suites will provide great value addition to our stakeholders. We will closely work with the regulators and comply with licensing conditions wherever required.
I am delighted to welcome Bal to the Aurionpro family, Bal brings with him an immense experience of over two decades in the payments business and has led various Innovative and transformative initiatives throughout his career. He is a well-respected industry veteran within the payment ecosystem and I am confident under the leadership of Bal, Aurionpro Payments will be a great success.”
Mr. Balkrishna Pangam, CEO- Aurionpro Payment Solutions, said that “I am delighted to lead this new venture and to create a lasting impression in the fast-growing Digital payments world. The impact of Covid-19 has accelerated the next 3-5 years’ worth of change in less than 18 months. While the digitization of payments has grown exponentially, the overall industry is still in a nascent stage and there are huge opportunities ahead to be tapped. With the change in consumer behaviour, across all age groups to digital, contactless, and online purchases, we want to offer solutions catering to both B2B & B2C segments. ,”AuroPay” will help reduce friction and simplify payments for our clients.”
